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Titlebook: Leveraging Financial Markets for Development; How KfW Revolutioniz Peter Volberding Book 2021 The Editor(s) (if applicable) and The Author(

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2946-367X ate financial markets.Develops a synthesized framework to un.This book investigates how development institutions created and promoted marketized development financial instruments to increase the speed and scope of assistance by leveraging private financial markets for development objectives. To attr
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1970 to 1990: Development Finance in Crisis and the Search for a New Paradigm,trict World Bank regulations, internal disagreement, and a lack of political will from stakeholders circumscribed efforts to leverage private markets for development. Instead, the stage was set for another development institution to experiment with marketized development financial instruments.
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Toward the Future for Marketized Development Financial Instruments,nk (CDB), highlighting their universal appeal. However, there are also potential shortcomings to the strategy; these include questions about the transparency of financial instruments, the efficacy of these new instruments versus alternative mechanisms, and the potential contingent liabilities to donor country governments.
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